Wall Street braces for election day uncertainty, with risk controls tightened amid polling swings between Trump and Harris

Wall Street braces for election day uncertainty, with risk controls tightened amid polling swings between Trump and Harris

The president of the Nasdaq stock market index said the Street is now pricing in the unexpected, and trading safety nets are also being tightened to reduce volatility as much as possible. It comes after oscillating reports of which nominee may ultimately win the Oval Office—with both candidates charting as ahead at some point in the…

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Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon

Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon

Berkshire Hathaway’s cash reserves are at an all-time high of $325.2 billion as Warren Buffett quickly exits what has been one of his most profitable trades of the past decade. The Oracle of Omaha and his conglomerate holding company Berkshire started to offload shares of Apple late last year, paring down a major bet on…

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Mike Bloomberg casts vote for Kamala Harris

Mike Bloomberg casts vote for Kamala Harris

As the time ahead of Election Day dwindles, celebrities, entrepreneurs, and influential business people have come out of the woodwork to throw their support behind one of the presidential candidates. On Wednesday, one of the biggest names in media, politics, and business announced his support for Vice President Kamala Harris: Mike Bloomberg.  “I voted for…

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Shark Tank star Kevin O'Leary supports Elon Musk's plan to gut government spending by $2 trillion with Trump's blessing—'release the hounds'

Shark Tank star Kevin O’Leary supports Elon Musk’s plan to gut government spending by $2 trillion with Trump’s blessing—’release the hounds’

‘Shark Tank’ star Kevin O’Leary is enthusiastically backing Elon Musk’s plan to cut $2 trillion from federal spending—and in fact, he thinks the cuts should be even higher. If former president Donald Trump wins a second term, he has pledged to appoint Musk as head of a new Department of Government Efficiency that would enact…

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Trump Media soars to $10 billion market cap, overtaking the value of X, which has hundreds of millions more users

Trump Media soars to $10 billion market cap, overtaking the value of X, which has hundreds of millions more users

Donald Trump’s fledgling social-media company Truth Social is now worth more than X, formerly known as Twitter.  Thanks to a stock price that’s soaring in the final days before the election, the market cap of the Trump Media and Technology Group (TMTG) now exceeds that of X, which owner Elon Musk took private in October…

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